Herein, an effective strategy using defect engineering promoted by Ni atom doping on MnCo2O4 is proposed for bifunctional catalytic activities of oxygen reduction reaction (ORR) and oxygen evolution reaction (OER). A series of NixMn1‐xCo2O4 with x=0, 0.1, 0.2, and 0.3 is hydrothermally synthesized. Tuning the electronic structure by Ni‐doped MnCo2O4 results in modulating the valence states by dominating Mn4+ / Co3+ with the increase of oxygen vacancies. At optimized Ni content, Ni0.2Mn0.8Co2O4 reveals activity toward ORR with a current density of −1.02 mA cm‐2 at 0.95 V (vs. RHE), a high electron transfer number of 3.536, and the highest half‐wave potential of 0.855 V, which is comparable to Pt/C. For OER, Ni0.2Mn0.8Co2O4 demonstrates the lowest overpotential of 503 mV to achieve a current density of 10 mA cm−2. Additionally, rechargeable zinc‐air batteries (RZABs) with Ni0.2Mn0.8Co2O4 catalyst demonstrate a capacity of 808.6 mA h g−1 at 1.0 mA cm−2 with power densities of 459 mW cm−2 at 675 mA cm−2. The improved binding strength (Mn−O/Co−O bond) and the enhanced stability by Ni atom doping in MnCo2O4 for ORR/OER is proved by ex‐situ FT‐EXAFS. This work highlights defect engineering on Ni‐doped MnCo2O4 used as bifunctional ORR/OER catalysts for high‐performance RZABs.